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Re: Jimbo1026 post# 35133

Monday, 07/12/2010 12:42:20 AM

Monday, July 12, 2010 12:42:20 AM

Post# of 372390
I would be really worried if August 6th came without any financials or announcement of a big deal, for obvious reasons. There actually is a lot riding on Twelve, more than we knew before the Q&A was put out. We found out in the Q&A that the P&A money for the movies is coming from company funds and vendor credit lines. Not only that, the investors that put up the money for the $2MM advance will want their money back. Plus with HTYMP right around the corner HH will need that money to put into that release. Twelve is Eric's big release, he could easily be forgiven for Racing Dreams because it's a documentary, but Twelve really needs to hit a homerun to put Eric/HH on the map as a legit player in the distribution biz. Now I say all this based on your question of no big news being released by August 6th. I think the big news, if it's with a household name, is very fundamental to the company moving forward, as it gives it more legitimicy. I was one of the people that really hoped for Tom. O. coming aboard HH for this very reason, now that we know he's not, I'm hoping the company involved in the big deal can bring just as much legitimacy, otherwise there is just too much that was supposed to happen that hasn't.IMO

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